Pinnacle Bankshares Corporation Directors Annual Compensation

Contract Categories: Human Resources - Compensation Agreements
EX-10.5 2 dex105.htm DIRECTORS' ANNUAL COMPENSATION Directors' Annual Compensation

EXHIBIT 10.5

Pinnacle Bankshares Corporation

Directors’ Annual Compensation

As of December 31, 2006

 

Annual Retainer

  

Amount

Service as Director for the Company

   $1,500

Service as Director for the Bank

   $4,000

Meeting Fees (Non-Employee Directors)

    

Committee Meetings for the Company

   $250 per meeting

Committee Meetings for the Bank

   $250 per meeting